China’s Spring Airlines has estimated its 2017 net profit will increase 33% to CNY1.3 billion ($193 million) as a result of the LCC’s network optimization and revenue management, according to a preliminary earnings estimate released by the Shanghai Stock Exchange.
Global passenger traffic increased 7.6% in February, resuming the upward momentum of 2017 after a January slowdown affected by the later timing of the Lunar New Year.
Santiago-based LATAM Airlines Group management has reportedly offered a last-minute concession to the cabin crew union of its subsidiary LAN Express, in an effort to stave off a strike action called by the union for Tuesday April 10.
American Airlines plans to equip 320 Airbus A321s to display nearby air traffic on the flight deck via automatic dependent surveillance-broadcast In (ADS-B In).
The medium-term outlook for global air cargo demand remains strong, but the industry is watching several key variables that could have major implications on air freight trends, including how the escalating tariff battle between the US and China might affect shipping patterns.
Air Lease Corp. (ALC) delivered four newly built aircraft and secured lease agreements for five aircraft from three customers during the first quarter of 2018, the Los Angeles-based lessor said April 5.
German leisure carrier Condor and Austrian startup LaudaMotion are negotiating the terms of ending a cooperation agreement, according to industry sources.
Lufthansa Cargo will market the cargo capacities of Lufthansa Group subsidiary Brussels Airlines from Sept. 1, joining Lufthansa (mainline), Austrian Airlines, Eurowings and Sun Express.
Air Belgium is targeting seven Chinese destinations by fall as the startup carrier readies its first flight from Brussels South Charleroi Airport to Hong Kong at the end of April, its CEO Niky Terzakis told ATW’s sister publication Aviation Daily.
UK-based regional carrier Flybe has announced a combination of continued improvement in load factor, together with a reduction in available capacity as it slims down its fleet.
Delta Air Lines said strong first-quarter demand generated “positive results” in “all geographic entities,” adding that international unit revenues outperformed domestic, the Atlanta-based carrier said in an investor update.
US regional Great Lakes Airlines, which ceased scheduled passenger flights operations March 26, did not provide the required advance notice of changes, according to the US Department of Transportation (DOT), which ordered the carrier to resume flights.
An analysis of second- and third-quarter schedules at US majors Dallas/Fort Worth-based American Airlines, Atlanta-based Delta Air Lines, and Dallas-based Southwest Airlines show an aggregate domestic capacity boost of 4%, compared to just 1% internationally.
